Dollars & Sense of Distributed Wind


  • Dollars & Sense
    • There are important economic factors to consider when contemplating the purchase of a well-engineered, modern wind turbine, for example:
      • Wind resource at your location
      • Annual electricity usage
      • Your energy cost per kWh
      • Escalating energy costs
      • Permitting and Installation
      • Ongoing repair and maintenance
      • Performance history of the wind turbine
        • A Wind Specialist can assist with the above and any additional requirements for turbine installation.

  • Incentives

    How do Feed-In-Tariffs work?

    On April 1, 2010, government introduced the Feed-In-Tariff (FIT) system, an incentive program offering above-market rates to individuals and businesses producing clean, renewable energy. Its national goal is to cut carbon emissions by 34% and produce 15% of all electricity from renewable sources by 2020. . The carbon emissions goal was further increased to achieve an 80% reduction by 2050.

    The Feed in Tariff Program will pay 25.1 pence for every kWh produced by the Endurance 50kW wind turbine. In addition, a further 3.1 pence is paid for every unused kWh placed back on the grid. These payments, coupled with savings in electricity costs, contribute to the income earned with a wind turbine. The Endurance E-3120 will produce over 217,000kWh in wind regimes of at least 7.0m/s. In an average case scenario, customers expect to realize an ROI within 5 years, and under the FIT program, payments are guaranteed for a term of 20 years from installation date. However, because the program is based on the market utility rate, rising energy costs will actually provide a larger payback and turn the turbine into an appreciating asset.

    Your wind turbine will continue to supply your energy needs even after the contract expires.

    Results:

    • Potential 20%+ return on your investment
    • Potential payback in less than 5 years
    • Energy production for 20 year term of the government FIT program contract and more

    Individual results may vary. A local Wind Specialist can provide you with a more thorough analysis based on your wind speeds, installation conditions, and energy consumption.

  • Return on Investment

    Use the Wind Power Payback Estimator to get a quick assessment of your wind and your projected Feed -In-Tariff return with the Endurance E-3120